Made in America concert promoters cover Philly's $500,000 costs

The bill is in and it all is covered for the Made in America festival. Organizers of the two-day concert event delivered a final check to Philadelphia officials Wednesday afternoon.

Mayor Michael Nutter says promoter Live Nation delivered two checks totaling more than half a million dollars to cover the city's costs for the Labor Day weekend festival on the Benjamin Franklin Parkway.

The mayor says there is nothing but good news coming from the event.

"An estimated $10 million in economic benefit for the city of Philadelphia. Hotel rooms filled over Labor Day weekend when usually there's not much activity," Nutter said. "That's about double as compared to 2010. In 2011, of course, unfortunately, we had Hurricane Irene."

The mayor says the promoter was not charged for any damages to a baseball field at the concert site.

"VonConln (field) has already been scheduled and dollars been set aside to have a full revitalization anyway by the city of Philadelphia, and that work is scheduled to start soon," Nutter said.

The mayor says nearly 80,000 people came out over the two days of the concert and there is talk of an encore for next year.

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